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Eni pipelines sabotaged with “explosive devices” between Friday and Saturday

November 25, 2020
| Archives

Eni declared force majeure on exports of Nigerian Brass River crude oil following pipeline explosions in Bayelsa state, the company said on Tuesday. A source with direct knowledge of the matter said the notice of force majeure was dated Sunday. Eni said two pipelines were sabotaged with “explosive devices” between Friday and Saturday and that production would resume in

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Tullow plan on investing $2.7 billion over next 10 years

November 25, 2020
| Archives

Britain’s Tullow Oil will commit 90% of its investments in coming years on its producing offshore oilfields in West Africa and put exploration on the back burner to reduce debt. Tullow, which was set up in the 1980s produce oil and gas in Africa, has historically focused on exploring for new discoveries but the oil price collapse this

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API pledges to fight possible Biden fracking limits

November 24, 2020
| Archives

If U.S. President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use “every tool at its disposal” including legal action, chief executive Mike Sommers said in an interview with Reuters on Monday. Biden has said he supports a ban on new gas and oil permits —

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Maersk Drilling selected for two-rig Suriname campaign by Total

November 24, 2020
| Archives

Maersk Drilling has received a Conditional Letter of Award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs, Mærsk Developer and Maersk Valiant, for an exploration and appraisal project in Suriname’s Block 58. The campaign is expected to commence in early 2021, with an estimated firm combined duration of 500 days. The

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ICS Interview – Rig Lynx Career Fair 2020

November 23, 2020
| Discussions

If you are looking for work in West Africa, here is an interview with Mr. Om Choudhari He is the Director of HR and Operations with Intercontinental Des Services based out of Pointe Noire, Republic of Congo. Intercontinental Des Services are a leading labor contractor and offshore support company based in Pointe Noire, Republic of Congo and registered under

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Inter Continental Des Services: Powering the Industry in West Africa

November 23, 2020
| Business Spotlight

Inter Continental Des Services are a leading labor contractor and offshore support company based in Pointe Noire, Republic of Congo and registered under ministry of labor. ICS provide skilled/non-skilled labor for various steps of drilling projects which include onshore, offshore, administration crew and maintenance crew. They operate horizontally across the sector covering: Exploration, Drilling, Development, Production, Subsea, Inspection, Marine

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SFL Corp announce forbearance agreement with Seadrill Limited

November 23, 2020
| Archives

SFL Corporation Ltd. announces that it has entered into forbearance agreements with Seadrill Limited (“Seadrill”) in respect of the leasing arrangements on its three drilling rigs and the corresponding financing agreements. Unless extended or terminated, these forbearance agreements will last until December 14, 2020 (the “forbearance period”). In addition, Seadrill has also announced that it has agreed to

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Court approves Noble’s reorganization plan

November 23, 2020
| Archives

Noble Holding Corporation plc announced today that the United States Bankruptcy Court for the Southern District of Texas has issued an order approving the Company's Joint Plan of Reorganization (the "Plan").  The Company is working towards emergence as soon as possible upon receipt of certain regulatory approvals which could be received late this year or early 2021. The Plan received widespread

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Ivory Coast’s Foxtrot to inject $315 mln to boost gas output

November 23, 2020
| Archives

Ivory Coast-based energy firm Foxtrot International will invest $315 million to increase its gas output by a third by 2022 to meet the West African nation’s growing power needs, the firm’s general manager told Reuters on Monday. Ivory Coast, French-speaking West Africa’s largest economy and the world’s top cocoa producer, is seeing domestic electricity consumption rise by about

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